Synopsis:- Shares fell nearly 6% after a block deal involving 56.2 lakh shares, or 5.4% equity, worth ₹662.6 crore. Reports suggest up to 6.8% stake sale at ₹1,185 per share. Despite promoter stake dilution concerns, operating profit rose from ₹132 crore to ₹186 crore...
Synopsis:- Shares of a leading defence Navratna PSU rose 2% after securing ₹733 crore in fresh orders, taking the order book beyond ₹73,450 crore. With FY26 inflow guidance above ₹27,000 crore and strong margin outlook above 27%, execution visibility remains robust....
Synopsis: Bulk deals remained active as one REIT saw 5.6 crore units bought at ₹420 apiece, worth ₹2,364 crore, while global funds offloaded over 5% stake. Meanwhile, a textile player witnessed 8.28 lakh shares acquired for ₹16.4 crore and secured a ₹215.88 crore...
Synopsis: Shares of a fruit pulp manufacturer surged up to 6% after receiving ₹33.87 crore under the PLI Scheme for FY25. Trading near ₹61.68 with a ₹452 crore market cap, the incentive and two-year eligibility boost sentiment despite recent operating performance...
Synopsis: A leading PSU financial stock fell nearly 4% after the government announced plans to divest up to 4% stake via OFS at a floor price of ₹104. The move could raise around ₹5,430 crore, triggering short-term volatility amid increased supply and cautious...
Synopsis: A leading brokerage maintained a ‘Buy’ rating with a Rs 87 target, implying 23% upside from Rs 70.85. A ₹590 crore fraud at one branch led to a 23% FY26 earnings cut, though projections for FY27-28 remain intact. Q3 showed 48% growth in net earnings....
Synopsis:- A pharma stock surged 7.34% after securing USFDA approval for its ANDA of Brivaracetam Oral Solution, 10 mg/mL. Trading near Rs 208 with a Rs 1,924 crore market cap, margins improved from 3% to 7%, while export markets contributed 36% each from Europe and...
Synopsis:- India’s textile sector, contributing 2.3% to GDP and employing 45 million people, faced pressure after a 50% cut in export incentives. With US$9.40 billion quarterly exports and apparel at 45% share, rising costs and tariff uncertainty may impact margins by...
Synopsis:- Prominent investors executed bulk deals reflecting strategic stake realignments. One promoter acquired 1 crore shares worth ₹118 crore at ₹118 per share, while another fund purchased 7 lakh shares valued at ₹2.94 crore. These transactions signal ownership...
Synopsis:- Shares remain in focus after unveiling a ₹20,000 crore NBFC expansion plan, with 70% funding from the parent and 30% from promoters. Over ₹9,000 crore has already been disbursed, while brokerages see long-term diversification benefits despite a recent 3%...